(via Reuters.com) “…meaningful tightening may never happen. Unless we get a dollar crisis — a possibility if the printing press runs on high too long — the Fed won’t be able to raise rates for the simple reason that it is trapped.”

Video of Bill Gates’ vision for the world’s energy future, which includes “the need for “miracles” to avoid planetary catastrophe”, so “he’s backing a dramatically different type of nuclear reactor. The necessary goal? Zero carbon emissions globally by 2050.” Worth a view.

Oil price set to soar as “there will be no supply surge this time from Non-OPEC when the world next exits recession. Unlike the last decade, when alot of idle supply across Non-OPEC (especially from Russia) was turned back on as the world exited those recession(s), Non-OPEC will only be able to increase oil supply now at much higher prices.”